The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 5/1/15

Friday, May 1, 2015

BuilderBytes' MetroIntelligence Economic Update for 5/1/15


Please click here to see the edition of BuilderBytes for 5/1/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Personal income remained mostly flat in March as consumer spending inched up
  • Chicago Business Barometer bounced back strongly in April
  • Initial unemployment claims fall by 34,000 in latest report to lowest level since April 2000
  • Federal Reserve decides to keep interest rates at current levels due to temporarily weakened economy
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